SidewaysMarkets.com│Day Trading Strategies

Are you ready to be a Professional Day Trader?
Our community of day traders, swing traders & scalpers demonstrate how to earn profits that most people only dream of. Our Members trade any Market around the world, with our Favorites Crude Oil, Gold, E-Mini Russell & Gold Futures every day in our Live Trade Room at SchoolOfTrade.com

Tuesday, March 3, 2015

Selling the highs of consolidation this morning on the 10-Year T-Notes allowed us to bank a solid 27 ticks this morning!

In today's video we see the T-Notes failing at consolidation highs and pushing back in.

This gave us an opportunity to sell the highs back to a new low below consolidation for $421.88More information on the 10-Year T-Notes can be found here: http://www.barchart.com/commodityfutures/10-Year_T-Note_Futures/profile/ZNM15

Crude
Oil is bullish in the short-term and trading around the $50
round-number, and we got an easy clue today from the channel-overshoot
that tells us to look for a little deeper pullback before we try to buy this
again, and we are keeping a close eye on the buyers if and when they fail!

Gold
is bearish, coming off the range-highs, and today's collapse
tells us to be patient tomorrow for a correction and a 2nd attempt to re-test
the $1200 target.

Russell
is bullish, but today's volume does
NOT confirm the most recent attempt to push higher, and the
'undershoot' of the highs is an easy give-away that we should expect a larger
correction down to the channel-lows.

Thursday, February 26, 2015

“It is not what we get. But who we become, what we contribute...
that gives meaning to our lives.”

Notes for Tonight’s Newsletter:

·Markets look a little ‘punch-drunk’
this evening after such incredible volatility this week, so we are prepared for
ANYTHING
on Friday

·Crude
Oil is bearish after the huge reversal
at the highs, but
the new lows @ $48.00 weren’t confirmed with volume, and a channel-overshoot
tells us we are likely going to try to move higher back to $50 before we return
to today's lows.

·Gold
made a run at the range-highs today, but volume
tells us we are likely going to come all the way back down to the $1200
target once again on Friday!

·Russell
is bullish making new highs today, but look
closely and you
see the volume losing strength late in the day today, which tells us to wait
for a deeper pullback on Friday before buying more.